Anonymous
Anonymous asked in Politics & GovernmentGovernment · 8 months ago

Why does the Treasury have to borrow money when they can print them?

4 Answers

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  • Foofa
    Lv 7
    8 months ago
    Favorite Answer

    It's called inflation, you should look it up.

  • Archer
    Lv 7
    8 months ago

    You apparently were not listening in Jr. High.

  • Anonymous
    8 months ago

    "It was a huge crash, and the beginning of the longest depression in American history," Gordon says. "It actually lasted six years before the economy began to grow again."

    During the depression, the government started borrowing money again.

    No one says that paying off the debt caused the depression. The bubble was going to pop sometime. But the result was that we had to kiss a debt-free U.S. goodbye. The country never came close again.

    https://www.npr.org/sections/money/2011/04/15/1354...

  • Anonymous
    8 months ago

    You've manage to end poverty. Go collect your Nobel Prize.

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